Sears reports $2.4-billion loss in its fourth quarter

Sears Holdings Corp. said it would help ease its fourth quarter loss by selling 11 stores to real estate company General Growth Properties in a deal expected to close within the next 60 days.

Sears Holdings Corp. said it would help ease its fourth quarter loss by selling 11 stores to real estate company General Growth Properties in a deal expected to close within the next 60 days. (Tim Boyle / Getty Images)

Sears Holdings Corp. said it would help ease its fourth quarter loss by selling 11 stores to real estate company General Growth Properties in a deal expected to close within the next 60 days.Tim Boyle / Getty Images